Investors seem to approve of Mothercare throwing in the towel with its UK retail operation, despite the large loss of jobs that it will involve, suggesting that they believe the company can thrive without those stores.
Inditex’s young fashion brand Bershka its strengthening its commitment to sustainability with the launch of a new collection made using eco-friendly materials. This is part of a collaboration with National Geographic.
Superdry sales may have fallen again in the first half, but the company seems to be on the right track, and full-price is becoming a bigger part of the mix as the firm works towards its new future vision.
The American fashion brand announced on Wednesday that it has named Katie Anderson as its new chief financial officer, a role in which she succeeds Sandeep Reddy, who has been with the company for just under a decade.
Capri Holdings Ltd missed Wall Street estimates for quarterly profit on Wednesday, as protests in Hong Kong and negative Chinese consumer reaction to an 'incorrectly labeled' T-shirt hurt sales of its Versace brand.
Kathmandu, which has completed its acquisition of Rip Curl for A$350 million, intends to leverage the surf brand to help diversify its product and expand its geographic footprint to Europe and North America.